Govt to use re-possessed plots to ‘repay’ developers

2016-08-12 08:00
BY admin
Comment:0

Secretary for Transport and Public Works Raimundo do Rosario said yesterday the government was planning to use the plots of undeveloped land that it re-possessed to compensate developers whom it owes land-lease rights, as the government has used a rather large area of land which originally had been leased to developers but been used by the government for other purposes. 

Chief Executive Fernando Chui Sai On admitted last month in the legislature that the government has used a total of 88,806 square metres of land which actually had been leased to developers.

Rosario spoke to reporters about the issue after attending a meeting of the legislature’s Follow-up Committee for Land and Public Concession Affairs.


Secretary for Transport and Public Works Raimundo do Rosario speaks to reporters yesterday at the Legislative Assembly. Photo: Tony Wong


The president of the legislature’s Follow-up Committee for Land and Public Concession Affairs, Ho Ion Sang, speaks during yesterday’s press briefing. Photo: Oceana Liang

Please read the full article in our print edition.



0 COMMENTS

Leave a Reply